Case Study – Verbal Agreement
View the case study “Verbal Agreement: Recording Studio Blues” in You Be the Judge. In this matter the court has ruled that there was not a contract due to the lack of the meeting of the minds. Specifically, the defendant had not agreed to the payment terms. What if the plaintiff had followed his customary business practice and retained the master tapes until payment had been made? Would this have altered the court’s decision? What steps should the plaintiff have taken when the contract was initiated to ensure the contract was effective?
Your initial post should include evidence from other cases that support your decision. Cite any external sources that were not part of the interactive exercise. Your follow-up discussion should challenge your classmates’ findings and defend your own position. Follow-up discussions to classmates’ initial responses should integrate course theories with a practical application of the subject; offer a personal observation or experience; reference real-world examples, current events; or present current research on the topic that encourages further discussion and ongoing dialogue with other students and the instructor in the class.
Reference
DescriptionGood Morning,When reviewing the UCC for our essay, do we use the UCC for Arizona, or for the state we live in? Response from Professor: I would mainly focus on the UCC as created, not as adopted per the state. However, if you want to go into more detail at the state level, that is up to you which state you choose.
Uniform Commercial Code
Go to The Legal Information Institute and search for Uniform Commercial Code (UCC) for your state. Access the UCC Law as it has been adopted by your state. If you cannot access the full text of your state’s UCC, you may review the website for the state of Arizona.URL:https://www.law.cornell.edu/wex/table_ucc
Chapter 1, General Provisions: Uniform Commercial Code Law
Read “Chapter 1, General Provisions: Uniform Commercial Code Law,” located on the Arizona State Legislature website.URL:https://www.azleg.gov/arsDetail/?title=47 Read Chapters 9-16 in Business Law: The Ethical, Global, and E-Commerce Environment.URL:https://www.gcumedia.com/digital-resources/mcgraw-hill/2018/business-law_the-ethical-global-and-e-commerce-environment_17e.php
